openPR Logo
Press release

The Waffle Maker Market To Override The Shackles Of Monotony

The Waffle Maker Market To Override The Shackles Of Monotony

Global sales of waffle makers are estimated to reach a valuation of US$ 363 Mn by the end of 2031, increasing at a CAGR of 5.6%, mostly driven by high demand for square Belgian waffle makers, which held 27.7% market share in 2020.

Market players have been compelled to come up with innovative solutions as awareness of modern technology and equipment has grown; consumers, specifically the millennials, prefer innovative alternatives. This probably applies not only for the product itself but also for marketing. For example, in 2018, Cuisinart received recognition for its Recipe RoadTrip Contest and was presented with the AVA Gold award in the digital marketing and social campaign category.

Furthermore, evolving customer preferences and changing lifestyles throughout the world have prompted market players to provide a variety of waffle makers such as round waffle makers, square and round Belgian waffle makers, and so on. Moreover, to increase their consumer base, manufacturers are expanding their geographic footprint by constructing physical storefronts and e-Commerce websites across developing regions.

You can request sample here @ https://www.persistencemarketresearch.com/samples/32267

Innovation has fueled competition in this space, and has driven market players to provide unique, safe, and effective products.

In 2020, ALDKitchen launched a new range of kitchen equipment under the desert category in order to fulfil the growing popularity of desert making.

In 2021, Dash LLC’s viral pumpkin and skull-shaped waffle makers were made available on Amazon. These waffle makers have become the best-selling Amazon product, and are going viral on other digital platforms as well such as TikTok for their spectacular results. This has helped Dash LLC gain new customers across regions.

Key Takeaways from Market Study

The market is highly fragmented in nature, giving clients only limited negotiating power.
Collaborations with food bloggers, restaurants, and cooking enthusiasts are allowing key players to drive their presence in the market.

The outbreak of novel coronavirus further highlighted the importance of healthy eating, which has helped attract consumer’s attention toward home-cooked food and deserts, boding well for waffle maker sales.

Square Belgian waffle makers are projected to hold the highest market share of around 27%.
The commercial sector has the highest contribution toward waffle maker demand with a market share of around 53.6%.

Sales of waffle makers across China are expected to rise at a CAGR of 5.5% from 2021 to 2031.

“Leading companies are aggressively marketing a wide range of waffle makers, with a vast portfolio in various shapes, sizes, material, and so on, with the aim of increasing their consumer base,” says an analyst at Persistence Market Research.

Get Methodology Report here @ https://www.persistencemarketresearch.com/methodology/32267

Key Market Players

The report underlines ground-breaking insights into the competitive scenario of the waffle maker market, along with the highlights of differential strategies used by manufacturers.

Some of the key players identified across the value chain include Cuisinart, Sage Appliances, Wells Manufacturing, Brentwood Appliances, Chefman, Nordic Ware, Star Manufacturing, VonShef, Nemco Food Equipment, LTD, Karmpouz Company, CucinaPro, Hamilton Beach Brands, Inc., Sunbeam Products, Inc. (Oster), Disney, ALDKitchen, Dash, LLC, Black+Decker Inc., Nostalgia Products, Roller Grill International S.A.S, National Presto Industries, Inc., amongst others.

Know More about Report Inclusions

Persistence Market Research published a new market report on the waffle makers market, covering global industry analysis of 2016-2020 and forecasts for 2021 to 2031. This research report provides compelling insights on the basis of product type, size, material type, end use, price range, and sales channel, across all major regions of the world.

The report also includes forecast factors and vital macroeconomic factors that are anticipated to boost the growth of the global market. It also addresses the restraints that are projected to hinder market growth, along with the latest trends and potential opportunities in the market.

You can purchase this report here @ https://www.persistencemarketresearch.com/checkout/32267

Contact us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com

About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Waffle Maker Market To Override The Shackles Of Monotony here

News-ID: 2448015 • Views: 268

More Releases from Persistence Market Research

Plantbased Protein Market to Witness Rise in Revenues During the Period 2019 - 2 …
Persistence Market Research has published a report on the plant-based protein market, which includes the global industry analysis for 2014-2018 and opportunity assessment for 2019-2029, and projects that the global plant-based protein market is expected to reach ~ US$ 9.6 Bn by the end of 2019 in terms of value, and is forecasted to reach ~ US$ 17.3 Bn by the end of 2029. According to the report, proteins are
The Chained Consumer Foodservice Market To Grasp Through The Fine Courses Of Nov …
The latest study by Persistence Market Research opines that the global chained consumer foodservice market is more popular than ever with paradigm changes in the way guests are eating and receiving their food. The chained consumer foodservice service market is expected to grow by around 4% over the forecast years, producing over US$ 280 Bn of incremental value from 2019 to 2027. This is partly driven by technology and mobile
New Product Launches To Put The Natural Organic Personal Care Product Market In …
The global natural and organic personal care products market was valued at ~US$ 10 Bn in 2014, which is estimated to reach ~US$ 14 Bn by the end of 2019. The natural and organic personal care products market is projected to expand at a robust CAGR during the next decade. Persistence Market Research (PMR) recently released a new market research on the natural and organic personal care products market covering
The Digestive Remedies Market To Ride On The Curve Of Innovation
According to a recently published PMR report, global digestive remedies market in 2018 exceeded US$ 15 Bn and is expected to grow at a moderate CAGR during the forecast period. Digestive remedies such as probiotics are used for therapy of gastrointestinal (GI) illnesses. The most prevalent digestive disorders include indigestion, heartburn, diarrhea, irritable bowel syndrome (IBS), movement disease, pediatric digestive illnesses, and constipation. To remain ‘ahead’ of your competitors, request

All 5 Releases


More Releases for Belgian

Angola Power EPC Market 2020 Strategic Assessment - Isolux Corsan, S.A., Gesto-E …
The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on Angola Power EPC production region, major players, and product type which will provide a simplified view of the Angola Power EPC industry. The Angola Power EPC market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the
Global Mask Fibers Market 2020 Industry Analysis by Manufacturers - Sika, Intern …
The market research report entitled Global Mask Fibers Market 2020 by Manufacturers, Type and Application, Forecast to 2025 provides analysis on market conditions, trends, capability, key players, opportunities, and geographical analysis. The report proves to be an ultimate solution when it comes to a better understanding of the industry and leads the business growth. The report covers an overview of the segments and sub-segmentations including the product types, applications, companies
Belgian Navy to present exclusively on Belgian and Dutch Mine Counter Measure op …
SMi reports: With the tender agreement confirmed for twelve new Mine Countermeasures Vessels for Belgian and Dutch Navies, hear from the Belgian Navy on their joint operations Within the modern scope of fleet operations, ensuring that ships and assets are clear to conduct missions with minimal interference from mines remains critical. With mine detection assets across several navies reaching the end of their service life and unmanned assets being introduced to
Belgian Loafers Market to Witness Robust Expansion by 2024
New report published by Market Research Report Store (MRRS) which offers insights on the global Belgian Loafers market. Women's loafers are a classic shoe style and the most popular slip-on shoe, perfect for the warm seasons. This report studies on the belgian loafers. Click to view the full report TOC, figure and tables: https://www.marketresearchreportstore.com/reports/241982/global-belgian-loafers-market Global Belgian Loafers Market: Forecast by Type / Application / Region According to this study, over the next five years the
Dredging Market Report 2018-2028: Dominance of Belgian and Dutch Dredging Compan …
Efficiently-designed and well-constructed sea ports are viewed as the bedrock upon which a region’s infrastructure is developed and maintained. Across the globe, freight transportation is widely achieved by sea, urging regional governments to employ dredging throughout their shores. Capital dredging remains principal in ensuring an effective and safe docking of cargo ships, fishing boats, passenger ferries, and all kinds of vessels that afloat the international waters. To Get Free Sample Report
Royal Cliff Hotels Group Welcomes Legendary Belgian Racer, Jacky Ickx
Pattaya, Thailand – Mr. Vitanart Vathanakul, the Executive Director of the Royal Cliff Hotels Group, (left) recently welcomed world-renowned legendary racer, Mr. Jack Ickx (right) who is well known as Jacky Ickx, the 6-time Champion of the 24 Hours of Le Mans, earning him the nickname "Monsieur Le Mans" at the Royal Cliff Beach Hotel. This fascinating Belgian racer is the man who changed the Le Mans start and is